By Emily Prescott for the Sunday Mail
April 14, 2024, 1:05 am, Updated April 14, 2024, 1:10 am
Victoria Beckham has been dubbed the “comeback mum” after falling out of fashion group Match.
The former Spice Girl and bosses at her VB label demanded the online retailer return all the summer stock they sent her in March, only to be told days later that the initiative had failed.
A VB source says he is working with Mike Ashley’s Frasers Group, which bought the match last December, to get his clothes back because he fears the company, now bankrupt, won’t be able to pay him.
There are currently 68 VB fonts for sale on the site. “Machs continues to sell designer clothes online and has promised full payment for the same,” the source said. However, some brands such as VB insisted on taking back stock to sell themselves. Not everyone is convinced that Mike Ashley’s team – and administrators – will pay
Different brands have their own deals with matches. In VB’s case, Victoria ordered the return of her entire collection – which was agreed in principle. Smaller labels had to cut their share and are now losing business.
Luxury women’s fashion brand Sefin, owned by Samantha Cameron, feared it would not be able to recover a large summer order from the retailer. The Foreign Secretary’s wife fears financial ruin after making a large quantity of Sefin’s match wear and shipping the order without paying in advance. When the officers walked in, he was told that his clothes were no longer needed and that he would have to pay the bill – until VB staged a major comeback.
A source said: “After VB demanded the return of all its shares, Cefin followed suit and insisted on a full refund. Matches has agreed in principle to do this for both brands, but it is a slow process.”
There were fears among staff that the closure of the Games would push Sefin to the brink of collapse, although the public service says the company now hopes to survive.
Sefin, VB, Matches and Frasers Group declined to comment.